Overview > 1. Why HuHot? > 2. Support > 3. Opportunities > 4. Qualifications & Fees > 5. How To
Apply > F.A.Q.
Qualifications
& Fees
|
You won’t need anywhere near as much to open a HuHot
franchise as
you would for a typical full-service restaurant. Opening a
HuHot typically requires:
- Minimum net worth of $1 million
- Unencumbered cash of $300,000
- Ability to finance an
additional $300,000 to
$500,000
- Restaurant experience
|
 |
|
Type of
Expenditure
|
Low
|
High
|
|
Initial Franchise
Fee
|
$35,000
|
$35,000
|
|
Training
|
$4,000
|
$6,000
|
|
Tenant
Improvements
|
$400,000
|
$500,000
|
|
Furniture, Fixtures, Equipment, Signs
|
$225,000
|
$250,000
|
|
Opening
Inventory, Supplies, Store Opening Materials
|
$40,000
|
$60,000
|
|
First Month’s
Rent and Security Deposit
|
$15,000
|
$20,000
|
|
Insurance
|
$5,000
|
$10,000
|
|
Prepaid Expenses,
Deposits
|
$3,000
|
$6,000
|
|
Professional Fees
|
$20,000
|
$30,000
|
|
Additional Funds
– 3 months
|
$30,000
|
$50,000
|
|
TOTALS
|
$777,000
|
$967,000
|
None of the communications made through this web page should be construed as an offer to sell any HuHot Mongolian Grills, LLC franchises in, nor is any such communication directed to, the residents of any jurisdiction requiring registration of the franchise before it is offered and sold in that jurisdiction. No HuHot Mongolian Grill, LLC franchises will be sold to any resident of such jurisdiction until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such jurisdiction and the required Franchise Disclosure agreement (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. If you have any questions concerning the registration status of franchises in your jurisdiction, please contact our Franchise Development department.